OFF MARKET

5 Moorambine Street
Wedgefield WA 6721

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4640m2
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Property Details for 5 Moorambine St, Wedgefield

Building Type
Commercial
Land Size
4640m2
Local Government
Port Hedland
Lot/Plan
2506/P176282

Last Listing description (November 2018)

From this secure lease which expires in May 2020 with two three year options out until 2026.
Large corner site 4640m2 with dual access allows for most of the yard to be used for storage, parking and work areas.
The Workshops, Offices and three bedroom home are all located along one fence line which proves to be a great benefit.

The improvements are first class and are well maintained by our long term tenant.
If this sounds appealing to you and you want to see over 14% ROI+GST then contact Jim Henneberry today for further details.

Property History for 5 Moorambine St, Wedgefield, WA 6721

A timeline of how this property has performed in the market
Last Sold
$1,060,000
03 Aug 2018
  • 03 Aug 2018
    Sold for $1,060,000
  • 14 Sep 2017
    Listed for Sale UNDER OFFER BY JIM HENNEBERRY
  • 15 Feb 2007
    Sold for $710,000
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About Wedgefield 6721

The size of Wedgefield is approximately 18.1 square kilometres. The population of Wedgefield in 2011 was 621 people. By 2016 the population was 145 showing a population decline of 76.7% in the area during that time. The predominant age group in Wedgefield is 40-49 years. Households in Wedgefield are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wedgefield work in a trades occupation. In 2011, 39.9% of the homes in Wedgefield were owner-occupied compared with 27.3% in 2016..

Wedgefield has 473 properties. Over the last 5 years, Houses in Wedgefield have seen a -42.92% decrease in median value, while Units have seen a -82.91% decrease. As at 31 October 2024:

  • The median value for Houses in Wedgefield is $510,407 while the median value for Units is $338,469.
  • Houses have a median rent of $3,000.
There are currently 5 properties listed for sale, and 1 property listed for rent in Wedgefield on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Wedgefield.

Suburb Insights for Wedgefield 6721

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.